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BRD - Best Trade Finance Bank in Romania in 2015

26 Jan 2016

BRD-Groupe Société Générale received from the US Global Finance Magazine the“ Best Trade Finance Bank in Romania” in 2015, in the framework of the “The World’s Best Trade Finance Providers 2016”, which designate the best trade finance providers in 84 countries.
The award confirms the importance granted by BRD to the quality of trade finance products and services, be they classic (letters of credit, letters of guarantee, documentary collections, factoring) or “tailor-made”, adapted to customers needs.

BRD will launch shortly a product allowing companies which import goods from Asia to obtain payment deadlines in the framework of an import letter of credit, offering at the same time the possibility of the exporting partner to cash forward the counter value of the letter of credit. The diversification of the offer takes into account the possibility to make payments in more than 100 currencies without having an account in the respective currency. The customers will be able to pay their external partners in their local currencies, through the charge of the EUR/USD current accounts open with BRD.

BRD reunites in the Global Transaction Banking department 4 business lines: payments and cash management, trade services, correspondent banking and factoring, expertise centers dedicated to customers, from very small companies to big multinational companies and financial institutions.
Specialized on banking and financial markets, Global Finance magazine was founded in 1987 in New York and has more than 50,000 readers in 180 countries.’’Global Finance” awards rewards the best performing financial institutions across the world.

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